CALGARY, ALBERTA–(Marketwired – Jan. 26, 2017) – (TSX VENTURE:BBI) Blackbird Energy Inc. (“Blackbird” or the “Company“) is pleased to announce that its 100% owned and operated Elmworth / Pipestone facility (the “Facility“) and pipeline gathering system (the “Gathering System“) located at 12-14-70-7W6 is currently being commissioned. Blackbird expects that it will achieve initial Montney production on Monday, January 30, 2017.
Garth Braun, Blackbird’s Chairman, Chief Executive Officer and President stated: “The transition to production and cash flow is a significant step in Blackbird’s evolution. The production data obtained over the following months will enable Blackbird to more accurately plan for large-scale processing and take-away commitments”.
2017 Blackbird Annual and Special Meeting
Blackbird is pleased to announce that its 2017 Annual and Special Meeting of Shareholders will be held on March 8, 2017 at 1 P.M. in the Wildrose South Room at the Sheraton Eau Claire, 255 Barclay Parade S.W., Calgary, Alberta (the “Meeting“).
A management information circular and related meeting materials (collectively, the “Meeting Materials“) were mailed to Blackbird registered shareholders on January 26, 2017 and are available under the Company’s profile on SEDAR at www.sedar.com.
Shareholders who are unable to attend the Meeting in person will be able to listen to the conference call and concurrently view a live webcast presentation of the Meeting. The dial-in and log-in information for the conference call and webcast will be made available on Blackbird’s website at www.blackbirdenergyinc.com one week prior to the Meeting.
The Company is also pleased to announce that its board of directors has approved an advance notice policy (the “Policy“) and is seeking shareholder ratification of the Policy at the Meeting. The full text of the Policy is available in Schedule A of the Company’s management information circular which is available under the Company’s profile on SEDAR at www.sedar.com. The purpose of the Policy is to provide shareholders, directors and management of the Company with a clear framework for nominating directors, which will facilitate an orderly and efficient meeting process and ensure that all shareholders receive adequate notice and information regarding director nominations.
Blackbird Energy Inc. is a highly innovative oil and gas exploration and development company focused on the condensate and liquids-rich Montney fairway at Elmworth, near Grande Prairie, Alberta.
For more information, please view our Corporate Presentation at www.blackbirdenergyinc.com.